An action or decision shall not be deemed to have a material effect on an economic
interest unless the official has reason to believe that, by reason of the action or
decision, an investment, or interest in real property, may increase or decrease in
value, other than negligibly, or a business entity from which the official derives
income or in which he holds a position of employment or management will gain or lose
monetarily, other than negligibly. An increase or decrease of less than one percent
of the value of an investment, interest in real property, or business entity, shall
be deemed negligible.
(Ord. No. 220)
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